Musk delivers first Tesla truck, but no update on output, pricing

Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric truck Semi uses existing Tesla motors, to feature new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated forecasts … Read more

Chinese cities ease COVID curbs as virus keeps spreading

Chinese cities ease COVID curbs as virus keeps spreading

BEIJING, Dec 2 (Reuters) – Some communities in Chinese cities where COVID-19 is still spreading are easing off on testing requirements and quarantine rules ahead of an expected shift in virus policies nationwide after widespread social unrest. The uneven relaxation of COVID restrictions is, however, fueling fear among some residents who suddenly feel more exposed … Read more

US embassy latest target in spate of letter bombs in Spain

US embassy latest target in spate of letter bombs in Spain

First device sent to prime minister’s office on Nov. 24 Five similar letter bombs received on Wednesday and Thursday Ukraine embassy official slightly injured by one device, another found at US embassy Defense ministry, arms manufacturer, air base also targeted Spain’s Defense Minister says no attacks will stop Spain from helping Ukraine MADRID, Dec 1 … Read more

China mourns former leader Jiang Zemin with bouquets, black front pages

China mourns former leader Jiang Zemin with bouquets, black front pages

BEIJING/SHANGHAI, Dec 1 (Reuters) – Chinese newspapers turned their front pages black on Thursday and flags were put at half mast in mourning for the death of former president Jiang Zemin, while well-wishers ugly piles of bouquets outside his childhood home. Jiang died in his home city of Shanghai just after noon on Wednesday of … Read more

China softens tone on COVID severity after protests

China softens tone on COVID severity after protests

BEIJING, Dec 1 (Reuters) – China is softening its tone on the severity of COVID-19 and easing some coronavirus restrictions even as its daily case toll hovers near record highs, after anger over the world’s toughest curbs fueled protests across the country. Several cities in the world’s second-largest economy, while still reporting new infections, are … Read more

US House Democrats elect Hakeem Jeffries as first Black party leader

US House Democrats elect Hakeem Jeffries as first Black party leader

WASHINGTON, Nov 30 (Reuters) – Hakeem Jeffries was unanimously elected on Wednesday to become the Democratic Party’s top leader in the US House of Representatives beginning in January, making him the first Black American to hold such a high-ranking position in Congress. The vote by Jeffries’ fellow Democrats also marked the rise of a younger … Read more

COVID protests escalate in Guangzhou as China lockdown anger boils

COVID protests escalate in Guangzhou as China lockdown anger boils

SHANGHAI/BEIJING, Nov 30 (Reuters) – People in the Chinese manufacturing hub of Guangzhou clashed with white hazmat-suited riot police on Tuesday night, videos on social media showed, as frustration with stringent COVID-19 rules boiled over, three years into the pandemic. The clashes in the southern city marked an escalation from protests in the commercial hub … Read more

Oath Keepers founder guilty of sedition in US Capitol attack plot

Oath Keepers founder guilty of sedition in US Capitol attack plot

WASHINGTON, Nov 29 (Reuters) – Oath Keepers founder Stewart Rhodes, and another leader of the right-wing group, were found guilty on Tuesday of seditious conspiracy for the attack on the US Capitol by Donald Trump supporters, an important win for the Justice Department. The verdicts against Rhodes and four co-defendants, after three days of deliberations … Read more

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

Deal comes amid pressure from Chinese shareholder Analysts hail ‘sensitive’ transaction Bank could return deal proceeds to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its business in Canada to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion) in cash, paving the way for a potential bumper payout … Read more

Chinese authorities seek out COVID protesters

Chinese authorities seek out COVID protesters

BEIJING, Nov 29 (Reuters) – Chinese authorities have begun inquiries into some of the people who gathered at weekend protests against COVID-19 curbs, three people who were at the Beijing demonstrations told Reuters, as police remained out in numbers on the city’s streets . In one case, a caller identifying as a police officer in … Read more